Trade Report: The 945,918 Shares of Dynegy Inc. (DYN) are sold by Capital Fund Management S.A.

Capital Fund Management S.A. cut its position in shares of Dynegy Inc. (NYSE:DYN) by 98.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,310 shares of the company’s stock after selling 945,918 shares during the period. Capital Fund Management S.A.’s holdings in Dynegy were worth $333,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Lasry Marc increased its position in shares of Dynegy by 85.1% in the first quarter. Lasry Marc now owns 6,078,318 shares of the company’s stock worth $87,346,000 after buying an additional 2,794,068 shares in the last quarter. BlackRock Institutional Trust Company N.A. increased its position in shares of Dynegy by 1.3% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 3,311,513 shares of the company’s stock worth $47,586,000 after buying an additional 40,914 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Dynegy by 237.6% in the first quarter. Renaissance Technologies LLC now owns 1,459,300 shares of the company’s stock worth $20,970,000 after buying an additional 1,027,000 shares in the last quarter. Brigade Capital Management LP increased its position in shares of Dynegy by 643.8% in the first quarter. Brigade Capital Management LP now owns 288,830 shares of the company’s stock worth $4,150,000 after buying an additional 250,000 shares in the last quarter. Finally, BlackRock Inc. increased its position in shares of Dynegy by 5.2% in the first quarter. BlackRock Inc. now owns 14,088 shares of the company’s stock worth $203,000 after buying an additional 696 shares in the last quarter.

Shares of Dynegy Inc. (NYSE:DYN) traded down 0.48% during midday trading on Friday, reaching $12.55. The company’s stock had a trading volume of 2,527,508 shares. The company has a 50-day moving average price of $12.80 and a 200-day moving average price of $15.53. The firm’s market cap is $1.47 billion. Dynegy Inc. has a 12 month low of $7.20 and a 12 month high of $23.79.

Dynegy (NYSE:DYN) last released its quarterly earnings data on Wednesday, August 3rd. The company reported ($6.73) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.50) by $6.23. Dynegy had a negative net margin of 22.67% and a negative return on equity of 11.83%. Equities analysts expect that Dynegy Inc. will post ($1.87) earnings per share for the current year.

Several brokerages recently commented on DYN. SunTrust Banks Inc. lowered their price target on Dynegy from $20.00 to $19.00 and set a “buy” rating for the company in a research note on Wednesday, August 24th. Wolfe Research cut Dynegy from an “outperform” rating to a “market perform” rating in a research note on Tuesday, September 13th. Zacks Investment Research cut Dynegy from a “hold” rating to a “sell” rating in a research note on Monday, September 19th. Deutsche Bank AG reissued a “buy” rating and issued a $35.00 price target on shares of Dynegy in a research note on Thursday, August 25th. Finally, Citigroup Inc. raised Dynegy from a “neutral” rating to a “buy” rating and lowered their price target for the company from $21.00 to $19.00 in a research note on Wednesday, June 29th. Two analysts have rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the stock. Dynegy presently has an average rating of “Hold” and a consensus price target of $24.00.

Dynegy Company Profile

Dynegy Inc (Dynegy) is a holding company and conducts the business operations through its subsidiaries. The primary business of Dynegy is the production and sale of electric energy, capacity and ancillary services from the fleet of 18 operating power plants in six states totaling approximately 12,300 megawatt (MW) of generating capacity.